Teresa Giudice's Hubby Joe Withdraws Bankruptcy Filing

Celebrity News Sep. 20, 2011 AT 1:35PM
Teresa Giudice's Hubby Joe Withdraws Bankruptcy Filing Credit: Dave Kotinsky/Getty Images

Not so broke, after all!

Real Housewives of New Jersey hubby, Joe Giudice, has withdrawn his bankruptcy filing. According to E! Online, Teresa Giudice's spouse is going to deal with his debts, after all.

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The duo filed for Chapter 7 Bankruptcy in 2009, citing $11 million in debt. According to the Newark Star-Ledger, Joe was accused of hiding assets from the court. The paper alleges that U.S. Bankruptcy Court Judge, Morris Stern, signed off on a settlement between Giudice and the trustee, John Sywilok. The agreement does not apply to Teresa Giudice, who is still pursuing a discharge of her debts.

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Teresa told Us Weekly in June 2010 that "staying positive is the only thing that I could do," in the wake of her family's financial woes. "I have moral support; I have my daughters and my husband. As long as we're in good health, that's all we can do. I think this kind of situation is all over the world."

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